Atlas Technology International, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017; Provides Earnings Guidance for the Fourth Quarter of 2017
May 15, 2017 at 10:18 am
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Atlas Technology International, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported revenue of $1,393,365. Income from operations was $104,871 against $16,272 a year ago. Net income was $95,892 against loss of $16,272 a year ago. The increase in Revenue was primarily driven from contracts from a significant new customer as well as repeat orders from the company's existing client base.
For the nine months, the company reported revenue of $2,399,157. Income from operations was $14,690 against loss from operations of $36,930 a year ago. Net loss was $12,699 against $31,930 a year ago.
For the fourth quarter, the company anticipates revenues in the range of $1,500,000 to $1,600,000 and net income in the range of $140,000 to $150,000.
Realstatez.com, INC, formerly Atlas Technology International, Inc., is a United States-based company. The Company is a designer, manufacturer, and distributor of touch screen devices to consumer electronic producers. The Company designs a range of touchscreen devices for applications, such as smart home appliances, industrial controls, and educational toys. Its solutions include glass-film-film (GFF) capacitive touch screen ranging from three inches to five inches, glass to glass (GG) type capacitive touchscreen ranging from five inches to 10 inches and wearable type capacitive touchscreen small than three inches. GFF type captive touchscreen includes point-of-sale (POS) machine and mobile phone. GG type captive touchscreen includes vehicle products, industrial products, and rearview mirror. Wearable type captive touchscreen includes wearable products and three-dimensional (3D) smart watches.
Atlas Technology International, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017; Provides Earnings Guidance for the Fourth Quarter of 2017